Property Accountant - Commercial Real Estate
About Us
The Buncher Company, headquartered in Pittsburgh, Pennsylvania, is a recognized leader in all phases of real estate development, including site acquisitions, construction, lease, and property management. With nearly 8-million square feet in assets under management, we pride ourselves on delivering exceptional service and value to our clients and partners.
Position Summary
The Property Accountant is responsible for managing the day-to-day financial operations for a portfolio of commercial properties. This experienced role ensures accurate financial reporting, compliance with GAAP, and effective collaboration with property management, asset management, and external partners. The Property Accountant plays a key role in maintaining the financial integrity of assigned properties and supporting strategic decision-making through timely and accurate financial information. This position reports to the Controller.
Essential Duties
- Manage full-cycle accounting for a portfolio of commercial properties, including office, industrial, and retail assets.
- Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
- Record and reconcile general ledger activity, including accruals, journal entries, and reconciliation.
- Coordinate month close processes and ensure timely reporting deadlines are met
- Oversee cash management, including bank reconciliations and cash flow tracking.
- Prepare annual operating budgets and periodic forecasts in collaboration with asset management and property management teams.
- Analyze budget-to-actual variance, provide explanations and recommendations; and assist with annual budgeting and forecasting.
- Review abstract lease agreements for financial obligations, and manage common area maintenance (CAM) reconciliations and tenant billings, as applicable.
- Support audits and tax preparation reporting requirements.
- Ensure compliance with internal controls, company policies, and applicable regulations
- Collaborate with property managers and leadership to provide financial insights.
- Bachelor’s degree in Accounting, Finance, or related field.
- A minimum of 5 years of property accounting experience, preferably in commercial real estate.
- Strong knowledge of income tax, GAAP and real estate accounting principles.
- Proficiency in property management software (Yardi, MRI) and advanced Microsoft Excel skills.
- Strong communication skills with the ability to translate complex financial data into clear, concise, and compelling messaging for diverse internal and external audiences.
- Proven ability to manage multiple properties and deadlines in a fast-paced environment.
- Strong analytical, organizational, and problem-solving skills.
- Excellent attention to detail and accuracy
- CPA preferred but not required.
The Buncher Company is an Equal Opportunity Employer. We are committed to a policy of equal employment opportunity for all qualified applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other characteristic protected by law. We provide a workplace free from harassment and discrimination. If you need any accommodations or support with your application for this job, please contact Human Resources at idurrett@buncher.com or 412-491-0949.